Examlex
Which of the following sentences uses the correct tense?
Overdrawn Bank Balance
This occurs when withdrawals from a bank account exceed the available balance, resulting in a negative balance.
Journal Entry
A record in the books of accounts that represents a business transaction and its effect on the company's financial position.
Accounts
Financial records of a company's transactions, maintaining detailed information about revenue, expenses, assets, liabilities, and equity.
Dividends Declared
Profits that a company's board of directors has decided to distribute to its shareholders, usually in the form of cash payments or additional shares.
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